HomeLive CommentsUS initial jobless claims dropped to 881k, continuing claims down to 13.3m

US initial jobless claims dropped to 881k, continuing claims down to 13.3m

ActionForex
By ActionForex

US initial jobless claims dropped -130k to 881k in the week ending August 29, below expectation of 965k. Four-week moving average of initial claims dropped -77.5k to 991.8k. Continuing claims dropped -1238k to 13254k in the week ending August 22. Four-week moving average of continuing claims dropped -709k to 14496k.

Exports of goods and services rose 8.1% mom to USD 168.1B in July. Imports rose 10.9% mom to USD 231.7B. Trade deficit widened by 18.9% mom to USD -63.6B, larger than expectation of USD -52.2B.

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